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During the 1990s, JDS Uniphase stock was a high-flyer tech stock investor favorite. Its stock price doubled three times and three stock splits of 2:1 occurred roughly every 90 days during the last half of 1999 through early 2000, making millionaires of many employees who were stock option holders, and further enabling JDS Uniphase to go on an ...
The main effect of stock splits is an increase in the liquidity of a stock: [3] there are more buyers and sellers for 10 shares at $10 than 1 share at $100. Some companies avoid a stock split to obtain the opposite strategy: by refusing to split the stock and keeping the price high, they reduce trading volume.
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Coherent was founded as II-VI Incorporated in 1971 by Carl Johnson and James Hawkey. [5] [6] The name "II-VI" is a reference to the groups II and VI in the periodic table, since the company started its business by producing cadmium telluride (cadmium belongs to group II and tellurium belongs to group VI). [7]
Its last stock split was a 2-for-1 affair on Jan. 13, 2000. Costco's stock has seen a total return of 2,450% since then, leaving the S&P 500 (SNPINDEX: ^GSPC) index far behind with a mere 477% ...
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The company completed a 10-for-1 stock split in June to make shares more affordable. Server manufacturer Super Micro Computer (NASDAQ: SMCI) has been an even bigger beneficiary of the AI boom.
[10] [11] Currently, he runs the capital investment firm, Loughan Group Inc. [12] Loughan is the founder of Incroud, a platform for musicians to share music and apparel with fans; Flawless Photonics, which is pioneering supply chains in space producing transparent optical fibers; and Ferret, an app that uses AI to provide full information on ...